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The Guiliano Law Firm Announces Filing of Securities Arbitration and Investment Fraud Claims With FINRA

PHILADELPHIA, PA--(Marketwire - January 11, 2011) - The Guiliano Law Firm announced today they have filed securities arbitration and investment fraud claims with the Financial Industry Regulatory Authority (FINRA) against several national brokerage firms in connection with the sale of defective financial products, including the NNN Capital Opportunity Fund, the IMH Secured Loan Fund, and the Oppenheimer Rochester National Municipal Fund.

Investment Fraud Lawyer Nicholas J. Guiliano states that this type of investment fraud represents a growing trend of the sale of high-risk, speculative investments to unsuspecting customers (many of whom are seeking conservative and safe investments) where the securities broker-dealers fail to perform adequate due diligence with respect to these issuers.

Many of these products are manufactured for retail sale to the investment public with names like "secure fund," "principal protected notes," or "interest bearing preferred," but they are actually some of the riskiest investments available. In one case involving the IMH Secured Loan Fund, these securities were sold as marketable and insured investments, when the securities could only be redeemed at the discretion of the company, who also disclosed in its public filings that their primary business was making high risk loans to borrowers whose financing needs are not met by traditional lenders.

It also appears that many of these newer investment fraud cases have a common theme in that they are sold through securities broker dealers that have adopted the "franchise" type business model, and operated from a series of small one or two person "independent," and otherwise unsupervised offices, geographically disbursed across the county.

Nicholas J. Guiliano has extensive experience in the litigation of securities related matters as an investment fraud lawyer and arbitration lawyer, in customer claims against brokerage firms for fraud in connection with the sale of securities principally in arbitration before FINRA and the NYSE Department of Arbitration. Where permitted by law, The Guiliano Law Firm represents brokerage customers in FINRA securities arbitrations in venues and hearing locations throughout the country.